Letters insured for a fixed sum are not delivered under any circumstances.
(iv.) Covenants by the tenants to insure the premises and keep them insured are also common; and if the premises are left uninsured for the smallest portion of the term, though there is no damage by fire, the covenant is broken.
The gross amount insured by policies in life insurance offices (ordinary and industrial) was over £29,000,000, of which the state office claimed two-fifths.
In respect of the former an increase of 30% in the payments to the insured as compared with July I 1917 was made, while at the same time better terms were given in the insurance of miners and of railwaymen; insurance against sickness was completed by extending it to agricultural and domestic workers as well as to the families of the insured.
In 1871 its preservation as an open space was insured after several years' dispute, when the lord of the manor gave up his rights.
Under this system every person insured has a right to assistance in case of sickness, accident, or incapacity, while in case of death his widow and children receive an annuity.
The insured are arranged in five classes, according to the amount of their yearly earnings: viz.
The number of persons insured was 1,446,249 at the end of that year, the insurances amounting to roughl 320,000,000.
Every one employed on railways, mines and factories was to be insured in an imperial office; the premium was to be divided equally between masters, workmen and the state.
He insured himself against the enmity of Charles V.
Condition of Stability of Position.If the materials of a structure were infinitely stiff and strong, stability of position at any joint would be insured simply by making the centre of resistance fall within the joint under all possible variations of load.
One view has been that it is covered by the sue and labour clause of an ordinary policy, by which the insurer agrees to bear his proportion of expenses voluntarily incurred "in and about the defence, safeguard and recovery" of the insured subject.
The claim was against underwriters on a ship which had been so damaged that the cost of repairs had exceeded her insured value.
Payments as losses of the subject insured, and therefore included in the sum insured, not as collateral payments made on his behalf.
This bases the claim against the insurer upon a fiction, for there has been no loss of the subject insured; in fact, the payment has been for averting such a loss.
He had insured the cargo but not the ship. The cargo underwriters were held liable to pay a contribution to damage done to the ship by cutting away masts for the general safety.
His support of Hamilton's financial plans not only insured a speedy restoration of public credit, but also, and even more important, gave the new government constitutional ground on which to stand; while his firmness in dealing with the "Whisky Insurrection" taught a much-needed and wholesome lesson of respect for the Federal power.